Tag Archives : economic growth

The IT industry will reach $ 3.6 trillion in investments this year, an increase of 5.1% compared to last year, Gartner said. According to the consultancy and technology research, the figures for 2010 were $ 3.4 trillion, 5.4% more compared to 2009. In 2010, the areas of Telecommunications and IT services led the investment with $ 1.59 trillion and [...]

The number of Internet users will exceed two billion this year, bringing it closer to a third of the world. However, developing countries need to strengthen access to this vital tool for economic growth, said a UN agency on Tuesday. The number of users doubled in the last five years, and compares to an estimated world population of 6.9 billion people, [...]

North Korea has been a confirmed impoverished nation, replete with malnourished citizens and dependence on international food aid. The country is also wracked with famines. Moreover, it has been known as a failing economy. So, how then can it afford all the nuclear weapons that it has been testing under its missiles and nuclear weapons program? The [...]

The donor conference in Tokyo for Pakistan has concluded with commitments of over $5bn over the next two years. This is more than the expectation of the Japanese government which hosted the event along with the World Bank (WB). The massive amount is for ‘additional support’ to the social safety nets, human development, and anti-poverty costs – [...]

In the records of the International Monetary Fund, World Bank, and CIA World Factbook, Canada places 9th while Brazil is at 10th ranking among the largest economies of the world. While Brazil has a GDP of $1.849 trillion and Canada has a GDP of $1.271 trillion, Brazil’s GNP is $715 billion as compared to Canada’s GNP of $760 billion. Apparently, [...]